LCH hires from Lloyds in latest management switch

LCH.Clearnet has made three new appointments in its equity,
fixed income and exchanges units, marking the latest in a
series of hires at the London-based clearing house.

Alberto Pravettoni has been promoted to global head of
exchanges, focusing on equities, commodities and listed
derivatives, and will report to Michael Davie, chief exec of
LCH.Clearnet and Christophe Hemon, the head of its French
business.